Materiality Assessment
Company Brief
A US company with revenues of $11 billion. It employs approximately 38,000 associates, and serves consumers and businesses in North America and other parts of the world with approximately 1,400 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization, and a global network of wholly owned operations, franchisees, licensees and alliance partners
1
Identifying relevant issues pertaining to the organization and its sector which would later be refined to material issues
2
Sending survey to large number of respondents and assessing their responses
3
Creating a ‘Materiality Matrix’ as output of the assessment process
Issues solved through resustainTM
- The organization partnered with Treeni to carry out materiality assessment which would provide insight on material environmental, social and governance (ESG) issues
- For materiality assessment, Treeni conducted research by looking at peer sustainability reports, sectoral publications and SASB sector standard
- Output of the above research was a list of relevant issues
Solution and Value Delivered
- Identified, categorized and prioritized stakeholders
- Materiality assessment questionnaire was developed for issue prioritization and the survey was shared (through resustainTM platform) with a total of 910 respondents belonging to various stakeholder groups
- Responses were received, analyzed and correlated with the ‘leadership survey’ results, based on which Treeni crafted a ‘Materiality Matrix” for the client that provided a list of material topics that could be prioritized
- KPIs relative to material topics were identified and mapped with GRI and SDGs
